Identify the material loss, which may be re-cycled for production process. Select one: Defectives Waste damage Loss

The type of process loss that should not be allowed to affect the cost of good units is called? a.Standard loss b.Normal loss c.Abnormal loss d.Seasonal loss

In a process account, abnormal losses are valued:A. at their scrap value.B. the same as good production.C. at the cost of raw materials.D. at good production cost less scrap value.

Which type of quality cost is the cost incurred as a result of rectifying substandard products? A. Appraisal costs B. Internal failure costs C. External failure costs D. Prevention costs

Which of the following cost items should be classified as an external failure cost on a cost of quality repo A. Customer returns of defective products OB. Net cost of scrap OC. Supplies used in the quality inspection program OD. Technical support provided to suppliers

Which of the following would be an acceptable measure of activity for a material handling activity cost pool? options       Number of material moves Weight of material moved A Yes Yes B No Yes C Yes No D No No

What features of the cost accounting system would be expected to prevent the omission ofrecording materials used in production?

Explain the term internal failure costs.

Which of the following is not a prevention cost? a. testing finished products b. design engineering c. operator training d. preventive maintenance

Which of the following situations involving loss units would most likely not result to a zero equivalent production?   a. Loss at the start of the process   b. Loss before the start of the process   c. Loss during the process   d. Loss at the end of the process